Is gold going to turn or break?
Updated
For over a month bears have been in control of Gold market, is the bulls going to gain back control?
We are currently trading in a descending triangle on the daily timeframe and now approaching the ascending trend line, with support below at 1262.5. Lets see if bulls start to shows signs of strength around this area, for now bears stay in control of this market.
We are currently trading in a descending triangle on the daily timeframe and now approaching the ascending trend line, with support below at 1262.5. Lets see if bulls start to shows signs of strength around this area, for now bears stay in control of this market.
Comment
Well what a beautiful move gold continues to move further up
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.